Yes Bank had announced that it has sold 15 lakh equity shares, equivalent to 2.56 per cent stake to coffee day owned Sical Logistics.
About Company
Sical was acquired by Coffee Day group in 2011.
The company is engaged in stevedoring, customs handling, trucking and steamer agency businesses, mining, port logistics, road and rail transport, container freight station, warehousing and shipping.
Quantity of Shares
Yes Bank has sold 15,00,000 equity shares having a nominal value of Rs 10 each in various tranches.
The last tranche of the sale being on December 10, 2020, resulting in a change in holding of the bank by more than 2 per cent of the total shareholding of Sical.
Which resulting in a change in holding of the bank by more than 2 per cent of the total shareholding of Sica.
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